WOW!  The fur is flying! The real estate community was all geared up & raring to go. New jobs for our community were an exciting prospect. I’m sure there are 360 degrees of opinions about Amazon’s withdrawal. To me it feels like a really big shame that Amazon will not be coming to Long Island City, NYC.

🙁

 

As always, if you have any questions about real estate, you know where to find me.

 

                             Best,

                                        

 

 

Follow the links below to a few articles on the topic.

 

Amazon’s Retreat on New York City Headquarters

Followed Unexpected Backlash

The New York Times (Feb 14, 2019)

 

Amazon Cancels HQ2 Plans in New York City

The Wall Street Journal  (Feb 14, 2019)

 

“Amazon will be missed”:

LIC’s resi market mania will cool with tech giant’s departure

The Real Deal (Feb 15, 2019)

“Uber and Lyft customers will have to pay more for their rides as a result of the first-of-its-kind driver minimum wage law in New York City.

In an email to drivers on Friday afternoon, Lyft also said passengers will see increased fares as a result of the driver minimum wage law. The company warned drivers "this may lead to fewer rides as people find alternate ways to travel around the city."

Uber and Lyft said there will be other new fees to compensate for new state and city laws.

 

Due to the New York State congestion surcharge, riders passing through Manhattan below 96th Street will be charged an extra $2.75 per trip (or $.75 per carpool ride). The money goes to the Metropolitan Transportation Authority — not Uber, Lyft, or its drivers.

As part of the new minimum wage requirements, Uber told riders they will also have to pay an "Out of Town" surcharge when they have cars take them outside of New York City, to compensate drivers for the ride back.”

A: Properties listed in February typically capture the highest selling price points.

 

A New York secret? Any time is a good time to sell, depending on your needs. If you're seeing this now, however, you could be right on track for the February and March sweet spot.

In any market, February-March is still the best time to sell. Most buyers begin their search in February. You may have an advantage to interest buyers with your property being new & fresh on the market and capture the highest selling price point - the sweet spot!

Reach out to me for an in-depth complimentary consultation or with any questions you might have. Ask how I can help you sell your property quickly & for the highest price, even in this market!

A museum dedicated to our Furry Friends has opened in Midtown this month!

You can enjoy the largest collection of dog art in the world as well as a library, television studio, and interactive kiosks. One kiosk actually lets you train a digital dog!

 

Location: 101 Park Ave (40th Street)

Hours: Tuesday - Sunday 10AM - 5PM

Tickets: Adult $15 | Children $5

 

Click here for the to read the full article on the NYT here.